AIR CANADA (AC.CA) Stock Technical Analysis
TSX:AC - CA0089118776 - Common Stock
19.23 CAD
+0.15 (+0.79%)
We assign a technical rating of 3 out of 10 to AC. AC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
AC is one of the lesser performing stocks in the Passenger Airlines industry. 71% of 8 stocks in the same industry do better.
AC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AC has an average volume of 3102270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, AC outperforms 61% of them, which is more or less in line with the market.
AC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AC is lagging the market.
Considerably lower volume is observed in the last couple of days.
AC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
18.18
22.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.06 to 19.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.67 from a horizontal line in the daily time frame.
- Support @18.36 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.26 to 19.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.91 from a trend line in the weekly time frame.
- Resistance @22.59 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AC.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AC.CA is down. |
| ChartMill Relative Strength | 61.87 | NEUTRAL | AC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AC.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AC.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.03 | NEUTRAL | The RSI value for AC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AC.CA has a positive trend. |
| Stochastics (14,3) | 34.83 | NEUTRAL | The Stochastics value for AC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for AC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for AC.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:AC (9/5/2025, 7:00:00 PM)
19.23
+0.15 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.79%
1 Week-1.23%
2 Weeks-0.62%
1 Month1%
3 Month3.78%
6 Month17.54%
12 Month26.1%
2 Year-0.77%
3 Year15.84%
5 Year22.56%
10 Year79.22%
15 Year567.71%
Volatility
ATR(14)0.46
ATR(20)%2.4%
ATR Inc-45.52%
Range Today0.2
ADR(20)0.44
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.87
Mansfield-0.75
10 Day High19.85
10 Day Low18.91
20 Day High20.14
20 Day Low18.68
52 Week High26.18
52 Week Low12.69
CS1 End19.11
CR1 Start19.26
Volume & EV
DER(3)5.92%
DER(5)-0.18%
Volume2.47M
Volume Incr-34.96%
Vol(5)1.91M
Vol(50)3.10M